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Spain receives too many requests to build wind farms and solar parks. This flood of proposals creates a backlog that slows down the approval process for new green energy projects. To solve the problem, the Spanish government – ​​led by a left-wing coalition of the Socialist Party (PSOE) and its junior partner Unidas Podemos – …

There has been a rise in prices in the Spanish real estate market, but this cannot be called a bubble. Or at least not yet, according to a view widely shared by market analysts and academics. Housing will continue to become more expensive in 2022 in line with economic growth and inflation. Although the European …

A supermarket in Catalonia. Prices in Spain rose 5.5% in November, according to data released on Wednesday by the National Institute of Statistics (INE). Although this is a tenth less than expected, the big picture remains the same: Inflation is at its highest level in 29 years, and it is rising faster than wages can …

Even if the wind stops blowing in the next three weeks, wind power will end the year as the main source of electricity in Spain. This will mean that wind will overtake nuclear in the national energy matrix for the first time since 2013, the only year since the start of the records in which …

In the Spanish municipality of L’Alfàs del Pi, where almost half of the 20,500 inhabitants are foreigners, there is not a single person who has not heard of Forum Mare Nostrum. It is a residential community for the elderly that has been operating in the province of Alicante, in the region of Valencia, for 20 …

Spain’s National Road Transport Committee (CNTC) on Wednesday announced a three-day strike, from December 20 to 22, to protest what it calls the government’s failure to address a crisis in the sector. In a press release issued Wednesday evening, the CNTC – which represents freight truck drivers in Spain – accused the administration of “negligence”, …

The continuous improvement of the Spanish labor market gives cause for optimism. For another month – the eighth in a row – vital signs of employment show a recovery that is progressing at a steady pace. So much so that new milestones continue to arrive. In October, for example, there were 159,478 more people registered …

The health of the Spanish labor market continues to recover as the effects of the coronavirus pandemic wear off. The number of employed workers increased in the third quarter of 2021 by 359,300 people to reach a total of 20,031,000. Not only is this an increase of 1.83% compared to the previous quarter, but it …

Iñaki Zabala (l) and Iker Caballero in the pod Optimi Rooms hostel in Bilbao.OSKAR GONZALEZ (OSKAR GONZALEZ) They look more like spaceships than hotels. White walls, neon lights, strange architectural shapes on the walls but above all rooms in the shape of capsules measuring two meters wide by one meter long. These are the so-called …

Details of the draft budget that the center-left government of Pedro Sánchez presented to the Spanish parliament on Wednesday show a record public spending program for 2022 thanks in large part to an influx of European funds to mitigate the effects of the coronavirus pandemic. The leader of the Socialist Party (PSOE), who heads a …

In its new World Economic Outlook for October 2021, the International Monetary Fund (IMF) partly coincides with the Spanish government’s own macroeconomic forecasts for this year and the next, but disagrees with its projections for long-term deficit. The international organization has slashed Spain’s growth outlook for 2021 to 5.7%, five tenths of a point lower …

Electricity meters inside a building in Seville.PACO PUENTES (EL PAS) Spanish Prime Minister Pedro Sánchez on Monday evening announced a series of measures aimed at lowering soaring costs of natural gas and electricity for consumers. Spain’s wholesale electricity market, which sets the amount paid by companies that supply electricity to households, has seen record prices …

The crisis that hit the Spanish tourism industry following the coronavirus pandemic appears to be over. For more than a year, the sector – which is one of Spain’s main economic engines – has struggled for its survival, with the number of tourists visiting the country at an all-time high. But this summer is on …

Torre Picasso, an iconic office building in Madrid’s financial district.Miguel Pereira (Getty Images) Spain’s biggest companies had marked September 1 as the day their employees would return to the workplace in large numbers after nearly a year and a half of remote work. But it was not to be. The intensity of the fifth wave …

Construction workers in Bilbao.EFE The Spanish labor market continues to show signs that it is recovering from the devastating impact of the coronavirus crisis. The average number of workers affiliated with Spain’s social security system, seen as a sign of job creation, rose to 19,591,728 in July, the highest figure on record. The last time …

A traveler at the Tenerife airport on July 26.Ramon de la Rocha (EFE) Spain’s tourism industry faces a new hurdle in its race to save the summer season, and the outcome will largely depend on decisions made in the UK, where the government is split between those who want to ease restrictions on travel and …

The Minister of Finance María Jesús Montero.Europe Press The Spanish government on Tuesday confirmed its forecast for economic growth for this and next year, based on the pace of the recovery after most coronavirus-related mobility restrictions ended and the good pace of the vaccination campaign against the virus. Covid-19. The Cabinet said gross domestic product …

Tourists arriving at the port of Barcelona on June 26.Albert Garcia Spain’s tourism sector is anxiously watching the surge in coronavirus cases across the country, raising fears of massive summer cancellations among foreign visitors. The Financial Time Wednesday published an article titled “Delta variant pushes Covid-19 rate in Spain to highest in continental Europe,” and …

A change in electricity tariffs went into effect on June 1 in Spain, a change that could save consumers on their bills, according to competition watchdog CNMC. The new system is not without controversy, however, with consumer organizations denouncing that the measures could hit the most vulnerable households with additional costs. And depending on the …

The Minister of the Economy Nadia Calviño.Mº ECONOMY / EFE There is nothing more than a handful of numbers. The horizon is still hazy. A recovery worthy of the name is still a long way off. But Spain is starting to recover from the effects of 2020, including the biggest drop in production since the …

A group of tourists celebrating a bachelor party in Barcelona.Albert Garcia An announcement by the European Commission recommending that EU member states allow vaccinated visitors from the United States to enter Europe has created a shock wave in Barcelona’s tourism sector. Before the pandemic, the Catalan capital received more American travelers than any other country, …

After experiencing the strongest economic contraction in the European Union, Spain is set to make its biggest comeback. The European Commission on Thursday released its Winter forecast 2021, bringing Spain’s gross domestic product (GDP) growth outlook for this year to 5.6%, three tenths of a point higher than expected. Because the recession in 2020 has …

After the devastating effects the coronavirus crisis has had on the Spanish economy, the government predicts that the light will soon be at the end of the tunnel. According to a budget plan sent to Brussels on Thursday, public revenues will increase by 33.4 billion euros in 2021 thanks to a sharp rebound in gross …

The Spanish tourism industry continues to feel the impact of the coronavirus crisis. According to figures released Monday by the National Institute of Statistics (INE), only 204,926 international visitors arrived in Spain in June, a drop of 97.7% compared to the same month in 2019. This culminates the worst semester never recorded for the Spanish …

Hundreds of Nissan workers blocked roads and burned tires on Thursday to protest the Japanese automaker’s decision to close its Barcelona plant in December. EDITORIAL The move, which had been widely anticipated but was officially announced Thursday at 10 am, means 3,000 direct jobs will be lost. In total, around 20,000 workers are expected to …

More than 1,000 hours of containment measures linked to the coronavirus were enough to confirm the urgency of improving housing conditions in Spain, especially with regard to properties over 10 years old. Many homes in Spain lack ventilation and natural light, compromising comfort and health. Balconies are rare in old and new buildings, and many …

Enrique Sánchez cultivates vines on 18 hectares of land. Although he has not yet completely given up hope, he is close. A few days ago, a colleague from the nearby village of Novelda, one of the seven municipalities that make up the Vinalopó valley in the Spanish province of Alicante, cut all his vines with …

Tourists at the port of Barcelona. Barcelona city council has agreed to ask the parliament of Catalonia the right to apply a local surcharge a regional tourist tax implemented since 2012. The issue of tourist taxes is sort of a hornet’s nest in a country where the only other region to charge visitors is the …

Governor of the Bank of Spain, Luis Linde.ECE The Bank of Spain warns of the medium-term economic consequences of persistent political tension in Catalonia. In a report analyzing the risk to Spain’s financial stability, the central bank indicated that the economy could lose between 0.3 and 2.5 points of GDP in two years, which would …